AL HAFIDHOON LIMITED UNAUDITED FINANCIAL STATEMEh'TS R THE YEAR ENDED T 2021 **AL HAFIDHOON LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021** ## **TRUSTEES AND EXECUTIVES** K Ahmed N Ali I Baksh ## **REGISTERED OFFICE** Second Floor Greencoat House 261-271 Stratford Road Birmingham B11 1QS ## **COMPANY NUMBER** 10925410 ## **CHARITY REGISTRATION NO.** 1178844 ## **ACCOUNTANTS** Accountancy Professionals (UK) Limited Financial Accountants 1 Monks Park Wembley Middlesex HA9 6JD page 1 **AL HAFIDHOON LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021** ## **CONTENTS** |Pages|| |---|---| |3|Trustees' Report| |4|Accountants' Report| |5|Profit and Loss Account| |6|Balance Sheet| |7-8|Notes to the Financial Statements| The following do not form part of the statutory financial statements: 9 Trading and Profit and Loss Account 10 Profit and Loss Account Summaries page 2 **AL HAFIDHOON LIMITED DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2021** The trustees present their report and the financial statements of the company for the year ended 31 August 2021. ## **PRINCIPAL ACTIVITIES** The principal activities of the company continued to be the teaching and helping the community. ## **TRUSTEES** The directors who served during the year were as follows: K Ahmed N Ali I Baksh On behalf of the trustees/directors, we believe we have complied with our duty in section 4 of the Charities Act 2006 to have due regards to public benefit guidance published by the commission. This report was approved by the board on 24 May 2022 and signed on their behalf. Signed K Ahmed page 3 ## **FINANCIAL ACCOUNTANTS' REPORT TO THE BOARD OF TRUSTEESC> ON THE UNAUDITED FINANCIAL STATEMENTS OF AL HAFIDHOON LIMITED FOR THE YEAR ENDED 31 AUGUST 2021 CHARITY NO 1178844** ## Respective responsibilities of trustees and examiner: The charity's trustees are responsible for the prepration of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: . examine the accounts under section 145 of the Charities Act. . to follow the procedures laid down in general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act and . to state whether particular matter have come to my attention. Basis of independent examiner's statement My examination was carried out in accordance with general Directions given by Charity Commission. An examination includes a review of the accounting records kept by the charity and a compariosn of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opionion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below. Independent examiner's statement In connectin with my examination, no matter has come to my attenion 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act, and - to prepare accounts which accord with accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. M Ahmed Fellow of Institute of Financial Accountants Accountancy Professionals (UK) Limited 1 Monks Park Wembley Middlesex HA9 6JD 24 May 2022 page 4 **AL HAFIDHOON LIMITED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2021** ||**Note**||**2021**||**_2020_**| |---|---|---|---|---|---| ||||**£**||**_£_**| |**TURNOVER**|||**79,791**||_52,229_| |Cost of sales|||**26,942**||_13,581_| |**GROSS PROFIT**|||**52,849**||_38,648_| |Net operating expenses|||**46,018**||_35,638_| |**OPERATING PROFIT**|||**6,831**||_3,010_| |**PROFIT ON ORDINARY ACTIVITIES BEFORE**|||||| |**TAXATION**|||**6,831**||_3,010_| |Tax on ordinary activities|2||**-**||_-_| |**PROFIT FOR THE FINANCIAL YEAR**||**£**|**6,831**|_£_|_3,010_| The notes on pages 7-8 form part of these financial statements page 5 **AL HAFIDHOON LIMITED** Company registered number: 10925410 **BALANCE SHEET AT 31 AUGUST 2021** |**Note**
**FIXED ASSETS**
Tangible assets
3
**CURRENT ASSETS**
Debtors
4
Cash at bank and in hand
**CREDITORS: Amounts falling due within one year**
5
**NET CURRENT ASSETS**
**NET ASSETS**
**CAPITAL AND RESERVES**
Called up share capital
6
Profit and loss account
**SHAREHOLDERS FUNDS**|**2021**
**_2020_**
**£**
**£**
**_£_**
**5,587**
_1,959_
**239**
_-_
**6,145**
_3,062_
**6,384**
_3,062_
**920**
_801_
**5,464**
_2,261_
**11,051**
**£**
_4,220_
_£_
**4**
_4_
**11,047**
_4,216_
**11,051**
**£**
_4,220_
_£_|**_2020_**
**_£_**
_1,959_| |---|---|---| |||_-_
_3,062_| |||_3,062_
_801_| |||_2,261_| In approving these financial statements as directors of the company we hereby confirm the following: For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. ## Directors' responsibilities: 1) The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with section 476 of the Companies Act 2006. 2) the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. ## **The accounts were approved by the board of directors on 24 May 2022** K Ahmed, Director The notes on pages 7-8 form part of these financial statements page 6 **AL HAFIDHOON LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021** ## **1. ACCOUNTING POLICIES** ## **1a. Basis of accounting** The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). ## **1b. Tangible fixed assets** Fixed assets are shown at historical cost. Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery Reducing balance 25% Vehicles Reducing balance 25% Fixtures and fittings Reducing balance 15% Equipment Reducing balance 15% ## **1c. Taxation** Corporation tax payable is provided on taxable profits at the current rate. ## **1d. Turnover** Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business. ## **2. TAX ON PROFIT ON ORDINARY ACTIVITIES** There is no taxation liability on the result on ordinary activities. page 7 **AL HAFIDHOON LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021** ## **3. TANGIBLE FIXED ASSETS** ||||**Other**||| |---|---|---|---|---|---| |||**Tangible**|||| ||||**Assets**||**Total**| ||||**£**||**£**| ||**Cost**||||| ||At 1 September 2020||2,468||2,468| ||Additions||4,614||4,614| ||At 31 August 2021||7,082||7,082| ||**Depreciation**||||| ||At 1 September 2020||509||509| ||For the year||986||986| ||At 31 August 2021||1,495||1,495| ||**Net Book Amounts**||||| ||At 31 August 2021|£|5,587|£|5,587| ||At 31 August 2020|£|1,959|£|1,959| |**4.**|**DEBTORS**||**2021**||**_2020_**| ||||**£**||**_£_**| ||Other debtors||239||_-_| |||£|239|_£_|_-_| |**5.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||| ||||**2021**||**_2020_**| ||||**£**||**_£_**| ||Other taxes and social security||-||_1_| ||Other creditors||920||_800_| |||£|920|_£_|_801_| |**6.**|**SHARE CAPITAL**||**2021**||**_2020_**| ||||**£**||**_£_**| ||Allotted, issued and fully paid:||||| ||1 Ordinary shares of £1 each|£|4|_£_|_4_| page 8 ## **AL HAFIDHOON LIMITED TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2021** |**Turnover**
Cost of sales:
Charitable activities
Gross profit
Other income
Less:
Administrative expenses
Depreciation and amortisation
Net profit for the year before taxation
Net profit for the year after taxation
Retained profits brought forward
Retained profits carried forward|**2021**
**£**
**£**
79,791
26,942
26,942
26,942
52,849
3,835
56,684
48,867
986
49,853
6,831
6,831
4,216
11,047
£|**_2020_**
**_£_**
**_£_**
_52,229_
_13,581_
_13,581_
_13,581_
_38,648_
_1,814_
_40,462_
_37,107_
_345_
_37,452_
_3,010_
_3,010_
_1,206_
_4,216_
_£_| |---|---|---| This page does not form part of the Company's Statutory Financial Statements and is prepared for the information of the Directors only. page 9 ## **AL HAFIDHOON LIMITED PROFIT AND LOSS ACCOUNT SUMMARIES FOR THE YEAR ENDED 31 AUGUST 2021** |||**2021**||**_2020_**| |---|---|---|---|---| |||**£**||**_£_**| |**Other income**||||| |Sundry income||3,835||_1,814_| ||£|3,835|_£_|_1,814_| |**Administrative expenses:**||||| |Rent and Rates payable||19,295||_17,945_| |Insurance||4,913||_4,198_| |Repairs & renewals||1,966||_2,930_| |Social and culltural activities||759||_512_| |General wages||14,432||_4,962_| |Computer server and software||1,986||_1,971_| |Motor expenses||1,915||_989_| |Travelling expenses||521||_20_| |Accountancy||120||_120_| |Printing, postage and stationery||114||_1,347_| |Telephone||1,113||_1,456_| |Sundry expenses||44||_14_| |Security and safety||242||_527_| |Bank charges||1,447||_116_| ||£|48,867|_£_|_37,107_| |**Depreciation and amortisation:**||||| |Depreciation of fixtures and equipment||986||_345_| ||£|986|_£_|_345_| This page does not form part of the Company's Statutory Financial Statements and is prepared for the information of the Directors only. page 10